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Dulamsuren
Mrs. Dulamsuren is a 46-year-old widow who lives with her four children in Kherlen city in Dornod Aimag, far eastern Mongolia. Until 1997, she worked for the local city council, then decided to go into business running a meat shop. She has been in this business long enough now to have established suppliers and customers, and some of her children also help her. Unfortunately, one of her children was hit by a car a few years ago and is now blind.

Dulamsuren is a very determined and hard-working woman -- last year, for example, she personally erected the frame for a new home for her family. She still has much work ahead of her before it will be a comfortable place to live in during the harsh Mongolian winter. She is planning to put foam insulation in the floor, walls and roof and complete the house before summer. She has applied for this loan to buy the materials she needs to finish work on her house.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program,  which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Mongolia

  • $2,175
    Average annual income
  • 14
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,240.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Dulamsuren to buy materials to finish building a home for her family.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Covered
Ended:
May 17, 2014